Vale(US:VALE) ZACKSยท2024-08-30 23:00Company Performance - VALE S.A. closed at $10.52, reflecting a -0.28% change from the previous session, underperforming the S&P 500 which gained 1.01% [1] - Over the past month, VALE's shares increased by 0.67%, lagging behind the Basic Materials sector's gain of 0.78% and the S&P 500's gain of 2.5% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.54, representing an 18.18% decline compared to the same quarter last year [2] - Revenue is anticipated to be $10.56 billion, indicating a 0.62% decrease from the year-ago quarter [2] Full Year Projections - For the full year, earnings are projected at $2.13 per share, a 16.39% increase from the previous year, while revenue is expected to be $40.12 billion, reflecting a 3.98% decline [3] - Recent analyst estimate revisions suggest a favorable outlook on the company's business health and profitability [3] Valuation Metrics - VALE S.A. has a Forward P/E ratio of 4.96, consistent with the industry average [6] - The company has a PEG ratio of 3.59, similar to the Mining - Iron industry's average PEG ratio [6] Industry Context - The Mining - Iron industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 95, placing it in the top 38% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]